TTI
Click for more information
0.00% 0.4¢ traffic technologies ltd.

This is not looking good IMO. They have $2.6m cash and burnt...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. PViews
    1,548 Posts.
    clock Created with Sketch.
    27/04/09
    10:39
    Post #: 5055887
    This is not looking good IMO. They have $2.6m cash and burnt $1.3m in the quarter. It appears they have a lifeline of $3m, but who knows in this market whether that will be there when it is needed.

    Seems that unless they can reverse the cash flow and get some profit to the bottom line, shareholders will be handing the keys to private equity at or below current prices.
    TTI Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add TTI (ASX) to my watchlist
(20min delay)
Last
0.4¢ 		Change
0.000(0.00%) 		Mkt cap ! $4.864M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $3K 750K

Buyers (Bids)

No. Vol. Price($)
3 2571666 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 824559 1
View Market Depth
Last trade - 12.59pm 15/11/2024 (20 minute delay) ?
TTI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.